The Andersons Inc. (NASDAQ:ANDE) Director Jacqueline F. Woods sold 300 shares of the company’s stock in a transaction dated Wednesday, November 9th. The shares were sold at an average price of $36.00, for a total transaction of $10,800.00. Following the transaction, the director now owns 18,368 shares in the company, valued at approximately $661,248. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of The Andersons Inc. (NASDAQ:ANDE) opened at 35.40 on Monday. The stock’s market cap is $999.06 million. The stock’s 50 day moving average is $36.71 and its 200 day moving average is $35.31. The Andersons Inc. has a 52-week low of $23.25 and a 52-week high of $39.45.

The Andersons (NASDAQ:ANDE) last posted its earnings results on Monday, November 7th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.12. The Andersons had a negative net margin of 1.14% and a positive return on equity of 0.83%. The company earned $859.60 million during the quarter, compared to analysts’ expectations of $966.51 million. During the same quarter last year, the firm earned ($0.04) EPS. The Andersons’s revenue for the quarter was down 5.4% on a year-over-year basis. On average, equities analysts predict that The Andersons Inc. will post $0.66 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, October 24th. Shareholders of record on Monday, October 3rd were paid a $0.155 dividend. The ex-dividend date of this dividend was Thursday, September 29th. This represents a $0.62 annualized dividend and a yield of 1.76%. The Andersons’s dividend payout ratio (DPR) is presently -38.04%.

A number of institutional investors have recently bought and sold shares of the stock. PineBridge Investments L.P. raised its position in The Andersons by 3.8% in the second quarter. PineBridge Investments L.P. now owns 3,331 shares of the company’s stock valued at $119,000 after buying an additional 121 shares during the period. Botty Investors LLC bought a new position in The Andersons during the second quarter valued at about $133,000. Teacher Retirement System of Texas raised its position in The Andersons by 14.0% in the second quarter. Teacher Retirement System of Texas now owns 3,819 shares of the company’s stock valued at $136,000 after buying an additional 470 shares during the period. Mason Street Advisors LLC bought a new position in The Andersons during the second quarter valued at about $182,000. Finally, Public Employees Retirement System of Ohio raised its position in The Andersons by 11.8% in the second quarter. Public Employees Retirement System of Ohio now owns 5,330 shares of the company’s stock valued at $189,000 after buying an additional 561 shares during the period. Institutional investors own 72.73% of the company’s stock.

ANDE has been the topic of several research analyst reports. Zacks Investment Research cut shares of The Andersons from a “buy” rating to a “hold” rating in a research note on Monday, August 1st. Buckingham Research upgraded shares of The Andersons from a “neutral” rating to a “buy” rating and upped their target price for the company from $40.00 to $42.00 in a research note on Monday, September 26th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $42.67.

The Andersons Company Profile

The Andersons, Inc is a diversified company. The Company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also produces turf and cob products, and has a consumer retailing presence. The Company operates through five segments: Grain, Ethanol, Rail, Plant Nutrient and Retail.

5 Day Chart for NASDAQ:ANDE

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